It concerns a high-quality, newly realized and fully leased business complex located in a unique location along the A20 motorway.
The development involves a total of approximately 4,322 sqm and is divided into two units with a total lettable floor area of approximately 1,265 sqm and approximately 3,057 sqm of business & office space. The whole is situated on a plot of approximately 6,000 sqm. Seller Arvast developed the business complex, located at Westbaan 140-142 in Moordrecht, for two leading tenants and recently completed it.
Private equity real estate investor HighBrook Investors, together with asset manager and developer Proptimize, established the CityLink platform in early 2021. The focus is on urban logistics real estate for last-mile solutions, the growing trend in densely populated areas. In the coming months, CityLink plans to expand their portfolio from ± 40 DCs to more than 70 DCs in the Randstad and Eindhoven region.
Buyer CityLink was advised in this transaction by De Mik Bedrijfshuisvesting.